CONTRACTAPPROVED

Lake Zurich village Awards Financial Services Contract to Jgs Lake Zurich West LLC (April 2023)

Lake Zurich village
Disclosed value
$626,000 (TIF rebate; project investment $8.5 million minimum)
From agendapacket
Approved
Apr 17, 2023
Term
TIF rebate spread over several years

The 30-second brief

What it covers

Lake Zurich approved a TIF redevelopment agreement to rebate $626,000 in future property taxes to JGS Lake Zurich West, LLC for a major manufacturing expansion at 550 Enterprise Parkway.

Who holds it

Jgs Lake Zurich West LLC holds this financial services contract with Lake Zurich village.

What happens next

Term as filed: TIF rebate spread over several years.

See who signed off on this contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$626,000 (TIF rebate; project investment $8.5 million minimum)
Document date
April 17, 2023
Term
TIF rebate spread over several years
Source document
Village of Lake Zurich Board of Trustees Meeting Agenda Packet April 2023 (AgendaPacket)

Jgs Lake Zurich West LLC's other public contracts

More Lake Zurich village contracts

Questions about this contract

Who was awarded the financial services contract by Lake Zurich village?

Jgs Lake Zurich West LLC was awarded this financial services contract by Lake Zurich village, as recorded on April 17, 2023. The contract value is $626,000 (TIF rebate; project investment $8.5 million minimum).

How much is the Jgs Lake Zurich West LLC contract with Lake Zurich village worth?

The Jgs Lake Zurich West LLC contract with Lake Zurich village is valued at $626,000 (TIF rebate; project investment $8.5 million minimum), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Lake Zurich Board of Trustees Meeting Agenda Packet April 2023 (AgendaPacket), dated April 17, 2023 from Lake Zurich village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Jgs Lake Zurich West LLC hold?

Jgs Lake Zurich West LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Lake Zurich village currently buying?

Explore Lake Zurich village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →